Daily Archives: December 6, 2007

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Live Trade Calls for December 7, 2007

News Trade CallsBy Dustin Pass December 6, 2007

I would like to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade call I sent out covered the UK Industrial Production report this morning. For the Industrial Production report, we were looking to long the GBP/USD if the report came…

Managing Fear and Greed in the Forex Market

Forex Market UpdatesBy Dustin Pass December 6, 2007

HOW TO MANAGE FEAR AND GREED TO EMERGE AS A PROFITABLE FOREX TRADER… One of the biggest mistakes a forex trader can make is to ride through a swing that is going against them only to close out once the market comes back to break even. This type of…

Going into “Non Farm Payrol” Friday

Forex Market UpdatesBy Dustin Pass December 6, 2007

Year end alot of factors can come together to produce good 2 way traffic, so looking to take trades that suit this volatility. Eur being unloaded going into event risk, but barrier protection at 145 tough to break today so buy 14515-35 and sell chf 11327-47 as after event move should reverse heading into Non Farm…